Top News
IT-BPM marches toward 2M jobs exports milestone
The Philippine information technology and business process management (IT-BPM) industry is set to notch another banner year, with employment projected to reach 1.9 million and export revenues expected to hit USD40 billion in 2025, according to the IT and Business Process Association of the Philippines (IBPAP).
P20 rice expansion accelerates as gov’t commits P23B for 2026
The Department of Agriculture (DA) will expand its P20-per-kilo rice program, starting with a province-wide rollout in Pangasinan this January, as part of the government’s goal to reach 15 million households by the end of 2026.
MSRP on import rice stays at P43/kilo for now
Agriculture Secretary Francisco P. Tiu Laurel Jr. said the maximum suggested retail price (MSRP) for 5 percent broken imported rice will remain at P43 per kilo for now, while the government completes the procedure for a higher import tariff.
Home price growth cools in Q3, signaling softer housing demand
Residential property prices in the Philippines rose at a much slower pace in the third quarter, pointing to easing demand and more cautious activity in the housing market, according to data from the Bangko Sentral ng Pilipinas (BSP).
BOP seen shifting to deficit due to external pressures
The country’s balance of payments (BOP)—which shows how much foreign currency the country earns and spends with the rest of the world—is expected to move from a small surplus in 2024 to deficits in 2025 and 2026.
